Risk Director, Personal Wealth (Brokerage & Investments)

3 Locationsexecutive

Other

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Quick Summary

Key Responsibilities

Hire, evaluate, and supervise crew. Provides guidance, training, and coaching as necessary to develop crew. Set performance standards, review performance,

Requirements Summary

What you’ll bring: Minimum of 10 years of progressive experience in wealth management and/or personal investment advisory services, with at least 8 years of risk management experience.

Technical Tools

Other

What We Offer

~1 min read

✓Develop and maintain deep expertise across brokerage and investment products and services, including equities, options, fixed income trading, margin lending, fully paid lending, 529 plans, financial benefit programs, tax and cost basis capabilities, regulatory reporting processes, and product and platform governance frameworks.

✓Provide independent risk assessment and challenge for new and evolving business capabilities, including alternative investments, digital assets, tokenization initiatives, and other emerging broker-dealer products and services.

✓Evaluate the design and effectiveness of controls supporting brokerage products, trading activities, client eligibility frameworks, product governance processes, and associated operational activities, recommending enhancements where appropriate.

Responsibilities

~2 min read

→Hire, evaluate, and supervise crew. Provides guidance, training, and coaching as necessary to develop crew. Set performance standards, review performance, and make informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
→Partner with key stakeholders to establish and implement risk and control management standards within the division's processes, based on the divisional risk profile and enterprise and divisional policies and standards. Provide vision and leadership regarding existing and emerging risks, in alignment with strategic priorities.
→Provide independent oversight of Line 1 risk activities, with a primary responsibility to challenge completeness, consistency, quality, and judgment in how risks are identified, assessed, and managed. Ensure that the division has an appropriate level of review of key controls, and that key controls are designed in accordance with established standards.
→Partner in risk identification and challenges completeness and consistency of identified risks. Provides industry and enterprise-wide insights to inform the business on current and emerging risks. Performs independent risk assessments for selected high‑impact, critical, or thematic risks.
→Monitor and enable adherence to the enterprise risk governance policies, standards, and procedures. Develop, maintain, and evolve a comprehensive program for monitoring and challenging the risk and control effectiveness in the business.
→Produce independent risk reporting and enterprise‑wide insights for divisional leadership and governance forums to enable the business to make risk informed decisions.
→Lead and oversee a team of risk practitioners in analyzing risks, applying risk methodologies, and considering business context in advising the business on key risks. Accountable for the timely completion of risk projects and initiatives.
→Develop and maintain in-depth knowledge and awareness of industry, risk management practices, and regulatory and/or policy changes. Take an active role in industry forums and remains current on issues and regulatory events affecting the division, firm, and industry.
→Embed deep, division-specific acumen into risk management. Provide relevant, tailored guidance and advice to strengthen decision-making across the division’s complex business operations and strategic initiatives.
→Participate in special projects and performs other duties as assigned, partnering with enterprise risk, legal, compliance, audit, and internal and external stakeholders as appropriate.

Requirements

~1 min read

Minimum of 10 years of progressive experience in wealth management and/or personal investment advisory services, with at least 8 years of risk management experience.
Undergraduate degree required; graduate degree preferred (e.g., JD, MBA, MS in Risk/Finance).
Hands‑on masterly of operational risk frameworks and control assurance (control design, testing, monitoring, reporting). You know what “good” looks like – and how to build it.
Demonstrated people leadership capabilities, including building scalable teams, developing leaders, and driving a strong risk culture.
Exceptional communicator and strategic thinker who shapes outcomes through strong judgement, clarity of message, and an ability to bring stakeholders along. You build buy‑in across senior leaders while navigating complexity with confidence.

Nice to Have

~1 min read

FINRA broker-dealer regulations
Regulation Best Interest (Reg BI)
Margin lending
Options products
Securities lending / Fully Paid Lending
529 plans
Tax and cost basis reporting
Regulatory reporting
Product and platform governance
Market structure and trading platforms
Operational risk and control frameworks

Vanguard is not offering visa sponsorship for this position.

About Vanguard

At Vanguard, we don't just have a mission—we're on a mission.

To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.